Multiple Choice
How is the cost of goods manufactured calculated?
A) beginning WIP + direct materials used + direct labour + manufacturing overhead + ending WIP
B) direct materials used + direct labour + manufacturing overhead - beginning WIP + ending WIP
C) beginning WIP + direct materials used + direct labour + manufacturing overhead - ending WIP
D) direct materials used + direct labour + manufacturing overhead - ending WIP - beginning WIP
Correct Answer:
Verified
Correct Answer:
Verified
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